Bloomberg Top News

Oil headed for a third straight weekly decline, the longest losing run this year, as slowdown concerns and turmoil in the US banking sector prompted investors to flee from risk.

SF Holding Co., China’s largest express delivery company, has started preparations with banks for its Hong Kong second listing, which could raise $2 billion to $3 billion, according to people familiar with the matter.

A potential dispute over the wipeout of Credit Suisse Group AG’s riskiest bonds in Asia has drawn the attention of several funds experienced in financing lawsuits for retail investors.

The US is trying to convince Middle East allies to add dozens more robot vessels around the Arabian Peninsula to better detect threats from countries like Iran, a move to protect waterways vital to global commerce and oil trade.

Malaysia is negotiating with other countries to expedite fugitive financier Low Taek Jho’s return to the Southeast Asian nation so he may face criminal charges for his role in the 1MDB scandal.

Don’t be fooled by the yuan’s state of calm — there are plenty of depreciation pressures circling the country’s currency market.

The Philippine billionaires behind Jollibee Foods Corp. and chicken BBQ chain Mang Inasal are betting that their next big thing could be in stock broking.

Nick O’Kane, whose powerhouse commodities trading business underpinned Macquarie Group Ltd.’s record annual profit, is taking home more than the firm’s CEO.

Chancellor of the Exchequer Jeremy Hunt must go beyond tax cuts to revive Britain’s anemic growth rates and significantly widen the scope of his new business investment stimulus, according to his new economic adviser Anna Valero.

Lithium’s dramatic price slump has mining heavyweights chasing takeovers of companies with early stage or pre-production projects. But one giant is warning that offering high premiums for smaller miners comes with risks.